Rethinking QuickBooks: Why Growing Plastic Molding Businesses Need a Tailored ERP Solution

Plastics Molding Manufacturing

The dynamic environment of small plastic injection or rotational molding companies thrives on innovation and precision. While you can get started and get by for a while on a solution like QuickBooks, to maintain your edge in a competitive landscape, you need more than basic tools.

This is where ERP (Enterprise Resource Planning) systems come into play, offering a comprehensive solution far beyond the capabilities of entry-level accounting solutions like QuickBooks.

QuickBooks has earned its reputation for efficiency and simplicity in managing accounting tasks. However, the specialized requirements of plastic injection molding businesses reveal its downsides, such as:

  1. Limiting Growth: Business growth is synonymous with complexity. QuickBooks, designed for small business accounting, may not handle the intricate operations of a scaling plastic injection molding business efficiently. The result? A potential barrier to your growth trajectory.
  2. Dependence on Manual Processes: Efficiency in operations is vital. Relying on QuickBooks often means continued dependence on manual processes for inventory management, production scheduling, and customer relationship management—a labor-intensive approach that hampers productivity.
  3. Navigating Regulatory Guidelines: Compliance with industry regulations is non-negotiable. Small plastic injection molding businesses must abide by strict regulatory guidelines, needing an ERP system that ensures compliance effortlessly. QuickBooks offers limited assistance in this critical area.

There's Good News

If you are starting to wonder what’s next for your plastic injection / rotation molding business, the team at Parallel is an excellent choice. Parallel Solutions has helped many businesses like yours move on from QuickBooks to Acumatica, the Cloud ERP. We understand that for smaller plastic molding businesses driven by creativity and ambition, upgrading from QuickBooks represents a strategic pivot towards enhanced operational efficiency and mastery of manufacturing complexities. It signifies partnering with a platform that resonates with the rhythm of your business, propelling it to new heights of innovation and leadership.  Acumatica meets your needs and more, helping you by:

  • Boosting Operational Efficiency: Acumatica harnesses real-time data to identify and eliminate your production obstacles by pinpointing bottlenecks. The system also helps to optimize inventory levels to minimize waste and unlock capital.
  • Enhancing Customer Satisfaction: In today’s customer-centric market, delivering exceptional service is key. Acumatica helps businesses improve on-time delivery through better production and materials monitoring. With its powerful built-in, automated workflows get faster quote turn-around times.
  • Increase Financial Visibility: Acumatica gives you visibility into your finances to help you boost cash flow. Track job costs, material variances, and overhead to get you the profitability insights you need at your fingertips.
  • Ease of Use: Transitioning to a new ERP system can seem daunting. However, Acumatica’s user-friendly interface and customizable dashboards ensure a smooth adoption curve, empowering employees across departments to leverage its full capacity without a steep learning curve.
  • Scalability for Growth: Perhaps most importantly, Acumatica grows with your business. Its cloud-based infrastructure and flexible licensing models support expansion, providing the agility needed to respond to changing market demands without the need for a complete system overhaul. 

Learn more here – download our infographic: Top Benefits of ERP for Plastics Molding Companies. 

Are you ready to elevate your plastic molding business to new heights? Considering an ERP upgrade is not just about replacing a software system; it’s about investing in your business’s future. Contact our team of experts or call 440-498-9920 and learn how Acumatica can transform your operations, setting the stage for unprecedented growth and success.

 

Ready to Experience the Parallel Solutions Difference?

Contact us today and learn how we can support your business and provide the solutions and services it needs to achieve your goals.